Sales & Marketing news

• Amazon is on track to become a $1 trillion company in 18 months, and it could beat Apple to the punch — Here's how. (AMZN)

  26-02-2018 23:46 via feedproxy.google.com
  Amazon's market capitalization could hit $1 trillion in the next 18 months, GBH Insights analyst Daniel Ives wrote in a research note Monday.
  Ives' is bullish on the company, because he sees lots of potential growth opportunities for it.
  While many investors and analysts are focused on Amazon's cloud business, Ives sees plenty of growth potential in its core e-commerce business, as well as in its healthcare, advertising, and the smart-speaker market.
  Alexa, what tech company will be the first to
  
  Read more

• Messaging app Telegram says it'll offer investors a refund if its ICO flops — but there's a catch

  26-02-2018 23:33 via feedproxy.google.com
  Telegram, the messaging app operator, is looking to raise as much as $1.7 billion in a second token sale at the end of February, according to documents reviewed by Business Insider. 
  The company raised $850 million in a private sale for its ICO earlier this year. 
  If the company fails to launch the token, investors would get a refund. But the company also said it can't guarantee it would have the money to issue the refund.Investors thinking of putting money into one of the most widely-
  
  Read more

• Marc Benioff's right-hand man could make another $200,000 after Salesforce finally lets its top execs get raises again (CRM)

  26-02-2018 23:12 via feedproxy.google.com
  A year after Salesforce cut CEO Marc Benioff's total pay and froze other top executives' pay to appease shareholder complaints, the company has decided to loosen its purse strings.
  While Benioff isn't getting a salary bump, several of his top officers are getting raises which impact their salaries and their bonuses.
  If Salesforce hits its cash flow and growth targets, COO Keith Block could take home $2.5 million in its 2019 fiscal year — $200,000 more than he could have previously. A
  
  Read more

• 50 Cent reportedly told the bankruptcy court that he never owned bitcoin, contrary to a report that he made $8 million in crypto

  26-02-2018 23:06 via feedproxy.google.com
  Rapper 50 Cent did not make around $8 million in bitcoin, contrary to a TMZ report that he previously seemed to confirm.
  The Blast obtained court documents in 50 Cent's bankruptcy case that reportedly stated the rapper has "never owned" a bitcoin account or "any bitcoins."
   
  Rapper 50 Cent did not make around $8 million in bitcoin, contrary to a January TMZ report and his apparent confirmation of the report by boasting of its headline on social media. 
  According to court documents obta
  
  Read more

• Advertisement

• Uber is pushing forward with its flying car plans and will host a Los Angeles event with demonstrations in May

  26-02-2018 22:58 via feedproxy.google.com
  Uber is hosting an aviation conference, Elevate Summit, in May 2018.
  The ride-hailing company wants to run a "flying car" trial in three cities by 2020.
  Its long-term vision is urban aircraft you book with the tap of an app.Uber is still committed to its dream of flying cars.
  In May, the ride-hailing company will host a special conference dedicated to the futuristic vehicles, a sign that Uber's intentions to play a leading role in the nascent industry have not been dampened by the new management
  
  Read more

• Dow gains nearly 400 points

  26-02-2018 22:11 via feedproxy.google.com
  The Dow Jones industrial average gained nearly 400 points Monday, fueled by tech gains and stabilizing treasury yields. 
  Tech stocks got a boost, fueled by top-preforming Netflix, alongside airlines and metals producers. 
  Stocks began the last week of February in the green, with the Dow Jones industrial average rising 393 points, or 1.55%, to close at 25,703.20. 
  The S&P 500 and Nasdaq closed up 1.18% and 1.30%, respectively. 
  Warren Buffett seemed to catalyze the da
  
  Read more

• Walmart has a big opportunity to help reverse its online sales slump (WMT)

  26-02-2018 22:09 via feedproxy.google.com
  Walmart has an opportunity to revitalize its online sales through a key category that other retailers will have more difficulty in: online groceries.
  The company's "click & collect" option on its website will not only bring more online traffic, but also more customers off-line and into its stores, Credit Suisse Analyst Seth Sigman said.
  You can see Walmart's stock price in real time here.While some investors and analysts have nearly written off Walmart after it reported a slowdown in online
  
  Read more

• Georgia's lieutenant governor threatens to retaliate against Delta unless it reverses its decision on the NRA

  26-02-2018 21:10 via feedproxy.google.com
  Georgia Lt. Gov. Casey Cagle said he will not support a bill that would give Delta a massive tax break, unless the airline reverses its decision to sever a partnership with the National Rifle Association.
  Delta ended the NRA partnership on Saturday due to pressure from gun control advocates following the mass shooting in Parkland, Florida. 
  The proposed bill would exempt jet fuel purchases from Georgia sales tax and could save Delta around $40 million.Georgia's lieutenant governor on Monday
  
  Read more

• Advertisement

• There's a 'surprising' loser after the stock market correction (FANG)

  26-02-2018 20:16 via feedproxy.google.com
  The energy sector's underperformance even with a weaker dollar is "surprising," Citi's Tobias Levkovich says. 
  Strategists at Morgan Stanley echoed this point, arguing energy stocks sold off too much after the recent correction. 
  Energy stocks are down 4.5% this year, lagging the S&P 500's 3.7% gain. 
  The energy sector is one of the worst performers in the stock market this year.
  Strategists at Morgan Stanley and Citi find this puzzling, and recommend investors change their to
  
  Read more

• A Goldman Sachs-backed tech company just bought a major crypto exchange for a reported $400 million

  26-02-2018 19:57 via feedproxy.google.com
  Fintech company Circle announced it bought cryptocurrency exchange Poloniex. 
  The company plans to scale the exchange and host a platform for all sorts of tokenized assets. 
  Boston-based financial-technology company Circle just dove deeper into the nascent digital-coin market by scooping up cryptocurrency exchange Poloniex, the company announced Monday. 
  The acquisition, which is reportedly worth $400 million according to Fortune's Robert Hackett, appears to be a natural move for
  
  Read more

• Trump is considering a move that would be his biggest step yet toward a trade war

  26-02-2018 19:10 via feedproxy.google.com
  President Donald Trump is reportedly pushing for a 25% tariff on all steel imports, the harshest of three possible actions from Department of Commerce recommendations.
  Some in the White House are attempting to get the president to go for a more targeted, less harsh action on steel.
  Such a broad tariff would likely spark retaliatory action from other countries and could be the opening salvo of a trade war.
  President Donald Trump is reportedly considering a move that could push the US into a trade
  
  Read more

• Netflix hits a record high — and it's the best performing FAANG stock this year (NFLX)

  26-02-2018 18:49 via feedproxy.google.com
  Netflix hit a record high Monday.
  Netflix is part of the 'FAANG' stocks, which are outperforming the S&P this year.
  Netflix is outperforming the FAANGs.Netflix hit a record high above $295 a share Monday, giving the company a market cap of about $127 billion.
  Shares of the video-streaming company have gained momentum following a solid fourth-quarter earnings report  and the announcement of a $300 million deal with "Glee "and "American Horror Story" producer Ryan Murphy. 
  
  Read more

• Morgan Stanley just issued a new market outlook that defies both Goldman Sachs and Warren Buffett

  26-02-2018 18:30 via feedproxy.google.com
  US 10-year Treasurys have been mired in a bear market for an extended period, but Morgan Stanley says the worst has already passed.
  The firm's newly bullish outlook on Treasurys conflicts with recent bearish commentary floated by both Goldman Sachs and billionaire investor Warren Buffett. Morgan Stanley is calling the end of the extended bond market selloff.
  "We think the bell has tolled for the best of the bear market in longer-duration bonds," a group of strategists led by Matthew Hornbac
  
  Read more

• Warren Buffett says Hurricanes Harvey, Irma, and Maria dealt his bread-and-butter businesses a loss for the first time in 14 years

  26-02-2018 18:08 via feedproxy.google.com
  Warren Buffett said in his annual letter to shareholders the insurance business is "the engine that for 51 years has powered Berkshire’s growth."
  The business itself usually makes modest profits, but "the float" enables the company to make massive profits in investments. 
  Thanks to the trio of hurricanes last fall, which caused $100 billion in damage by Buffett's estimates, Berkshire Hathaway's insurance business took a loss for the first time in 14 years.Warren Buffett's bread-a
  
  Read more

• CRYPTO INSIDER: Wall Street is terrified of cryptocurrencies

  26-02-2018 18:03 via feedproxy.google.com
  Welcome to Crypto Insider, Business Insider’s roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your inbox.
  Wall Street is terrified of cryptocurrencies, and Bank of America's latest regulatory filing shows just how scared they are. The bank mentioned cryptocurrencies three times in the risks section of its prospectus, saying it could undermine many of the firm's core businesses if it
  
  Read more

• GE dives after saying it plans to restate 2 years of earnings (GE)

  26-02-2018 17:23 via feedproxy.google.com
  GE said it will restate its last two years of earnings following the adoption of new accounting standards.
  The move comes after the company revealed it was under investigation by the Securities and Exchange Commission over its accounting practices in its insurance business.
  The company also nominated three members to its board, ahead of a shareholder meeting in April.
  View GE's stock price in real time here.Shares of General Electric fell to their lowest level since July 7, 2010 on news that the
  
  Read more

• MORGAN STANLEY: Here’s what Walmart needs to learn from Amazon (WMT, AMZN)

  26-02-2018 17:10 via feedproxy.google.com
  Shares of Walmart lost 10% last week after reporting an unexpected e-commerce slowdown.
  The Wall Street panic points to growing anxiety over Amazon’s dominance in the grocery marketplace.
  Morgan Stanley says the big-box retailer should look to Amazon for how to keep innovating.
  Walmart stunned Wall Street last week with disappointing earnings related to an unexpected slowdown in e-commerce growth.
  To keep its online sales growing at a healthy pace and fix its fulfillment issues, Morgan Sta
  
  Read more

• Here's why this Goldman Sachs investment chief isn't worried about two of the market's biggest fears

  26-02-2018 17:02 via feedproxy.google.com
  Sharmin Mossavar-Rahmani is the CIO of the Private Wealth Management Group at Goldman Sachs where she guides the investment strategy for clients with over $10 million in assets. 
  Mossavar-Rahmani joined Business Insider's Sara Silverstein to discuss Goldman Sachs' 2018 Investment Strategy Group Outlook. She says she is not worried about equity valuation levels or inflation and is telling investors to stay invested. Following is a transcript of the video. 
  Sara Silverstein: Sharmin
  
  Read more

• Ryanair’s CTO on why he is still confused by the marketing department

  26-02-2018 16:18
  Ryanair wants to become the “Amazon of travel”, but its chief technology officer admits there are hurdles the budget airline must overcome before it gets there – starting with the marketing department.
  Echoing a challenge that a number of businesses face, John Hurley says there is a disconnect between Ryanair’s technology and marketing teams, as marketers “fall in love with technology and rush for the holy grail”.
  “What are we still confused by?” H
  
  Read more

• Berkshire Hathaway climbs after Warren Buffett's annual letter reported a $29 billion windfall from the GOP tax law (BRK.A)

  26-02-2018 16:18 via feedproxy.google.com
  Berkshire Hathaway's stock popped on Monday after Warren Buffett's annual shareholder letter revealed the company's net worth jumped by $65 billion, largely because of tax proceeds.
  The company said it received a $29 billion tax boost from the GOP tax law.
  However, the company's bread-and-butter insurance business suffered some losses, though its stock investments delivered impressive returns.
  Watch Berkshire Hathaway's stock move in real time here.Shares of Berkshire Hathaway rose 1.89% on Mond
  
  Read more

• Airline stocks surge after Warren Buffett says he’s open to buying one (AAL, UAL, DAL, LUV, JBLU)

  26-02-2018 16:10 via feedproxy.google.com
  Warren Buffett told CNBC Monday he's open to buying an airline.
  Shares of most major carriers spiked on the news.
  Berkshire Hathaway already holds about $200 billion worth of airline stocks in its portfolio. Airline stocks surged Monday after Warren Buffett told CNBC he "wouldn’t rule out owning an entire airline."
  Here’s how the stocks were trading shortly after open:Southwest Airlines (LUV): +2.48%
  American Airlines (AAL): +2.36%
  United Continental: (UAL): +2.19%
  Delta Air Lin
  
  Read more

• One of Tesla's biggest advantages could become its biggest problem (TSLA)

  26-02-2018 16:02 via feedproxy.google.com
  Tesla is dealing with a spike in demand for its Model S and X vehicles.
  This again proves that Tesla doesn't have demand problems.
  But it also shows that the company has two car businesses: one in luxury vehicles that has matured, and one in the mass-market Model 3 that is developing.It's tempting to look at Tesla as being a single unified company, but it actually isn't. Ever since it created Tesla Energy, a battery-storage business, a few years back, Tesla has been a holding company.
  Beyond Tes
  
  Read more

• Goldman Sachs has identified the stocks poised to crush the market thanks to tax cuts

  26-02-2018 15:25 via feedproxy.google.com
  Goldman Sachs has been searching for the parts of the stock market poised to benefit most from Republicans' tax law.
  The firm has narrowed it down to the companies expected to spend the most on reinvestment but takes it a step further to include those seen getting the best returns out of that activity.
  Since the passage of Republicans' tax law, Goldman Sachs has been on a dogged quest to identify the areas of the stock market set to benefit most.
  It's a more difficult task than it seems. After a
  
  Read more

• Coca-Cola launches Diet Coke rebrand in UK with £10m marketing push

  26-02-2018 15:23
  Coca-Cola is launching a £10m advertising campaign to support a revamp of Diet Coke in the UK, as it looks to push more consumers towards its healthier options.
  Speaking exclusively to Marketing Week, Aedamar Howlett, marketing director for Coca-Cola GB and Ireland, says: “One of the key things for us is to invest heavily into driving the growth of all our zero sugar and light drinks and across our portfolio.”
  The brand is hoping that the Diet Coke reboot will work alongside Co
  
  Read more

• BUFFETT: The JPMorgan-Amazon-Berkshire Hathaway healthcare venture 'is looking for something bigger' than shaving a few percent off costs

  26-02-2018 15:01 via feedproxy.google.com
  Warren Buffett told CNBC on Monday that Berkshire Hathaway's new healthcare venture with Amazon and JPMorgan would be "something that other people can pick up on."
  Additionally, Buffett said his relationship with Amazon CEO Jeff Bezos and JPMorgan CEO Jamie Dimon would help make the venture smoother because "we trust each other."
  Warren Buffett has some big ambitions for Berkshire Hathaway's new healthcare venture with Amazon and JPMorgan.
  In an interview with CNBC on Monday, the legendary inves
  
  Read more

• These are the 25 most powerful militaries in the world — and there's a clear winner

  26-02-2018 14:49 via feedproxy.google.com
  President Donald Trump has emphasized military might during his first year in office, but the US is not the only country seeking to expand its battlefield capacities. Between 2012 and 2016, more weapons were delivered than during any five-year period since 1990.
  Arms sales indicate who is beefing up their armed forces, but head-to-head military comparisons are harder to come by. Global Firepower's 2017 Military Strength Ranking tries to fill that void by drawing on more than 50 factors to
  
  Read more

• US Steel surges after Trump reportedly said he wants the highest possible tariffs on metal imports (X)

  26-02-2018 14:30 via feedproxy.google.com
  Shares of US Steel spiked Monday morning after a Bloomberg report said President Donald Trump is considering the highest possible tariffs on imported metals to the US.
  "It would be an action that no country has crossed since World War II, opening the way to a trade war," a Nomura analyst said. 
  At least one aluminum producer is hoping to rehire some 350 workers to ramp up its idle plants.Shares of US Steel jumped more than 5% early Monday after President Donald Trump reportedly told co
  
  Read more

• 10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, BRK.A, DIS)

  26-02-2018 12:32 via feedproxy.google.com
  Here is what you need to know.
  Trump reportedly wants harsh steel and aluminum tariffs. President Donald Trump told confidants he wanted a 24% tariff on steel imports and up to a 10% tariff on aluminum imports, Bloomberg says.
  Hedge funds did something highly unusual during the market's recent meltdown — and it's a great sign for stocks. Goldman Sachs argues that the fact losses in the most popular stocks with hedge funds were muted during the recent correction means the sell-off was spurr
  
  Read more

• What role will 5G play at Mobile World Congress? Hype or substance?

  26-02-2018 12:00 via warc.com
  The future network standard, 5G, is expected to take center-stage at this year’s MWC in Barcelona, but despite the excitement, Marc Schader of Havas expects some of the substantive issues to go unquestioned. Once a decade,...
  
  Read more

• Samsung looks to a ‘new frontier’ of mobile intelligence

  26-02-2018 09:37
  Samsung has laid out its plans for a “new frontier” of virtual and augmented reality, artificial intelligence and machine learning, but says that is only the tip of the iceberg in terms of what it wants to achieve.
  From health care to finance to personal assistants, Samsung claims its engineers are “pushing the boundaries of mobile intelligence” with the aim of bringing its vision of a truly connected world to life and make controlling the most important devices in its cu
  
  Read more

• Nokia lays out smartphone ambitions with new devices and another retro reboot

  26-02-2018 09:01
  2018 will be the year Nokia “doubles down” and attempts to break into new markets, parent company HMD Global says, as it looks to compete with the likes of Samsung, Apple and Huawei in the global smartphone market.
  Speaking at a packed Mobile World Congress press conference on Sunday (25 February), HMD’s chief product officer Juho Sarvikas said 2017 had given Nokia the opportunity to “think differently in the technology race and refocus on what actually matters to co
  
  Read more

• Unilever, Maplin, Spotify: Everything that matters this morning

  26-02-2018 08:42
  Unilever chief Paul Polman’s pay rises by 51%
  Unilever’s chief executive, Paul Polman’s, pay package grew to £10.3m in 2017 and is set to rise as the FMCG company prepares for more bonuses.
  Polman’s pay grew by 51% last year but Unilever revealed plans for an overhaul of executive pay, according to the group’s annual report. The changes would see Polman gain £9.9m in bonuses and shares a year.
  Currently Polman’s pay deal includes a £1m a
  
  Read more

• Sky, Starbucks, Barclaycard: Everything that matters this morning

  26-02-2018 08:42
  Comcast makes rival bid for Sky
  US cable TV gian Comcast had made a £22.1bn takeover bid for Sky, rivalling an existing offer from 21st Century Fox to buy the company. While Rupert Murdoch-owned Fox has agreed a deal to buy the 61% of Sky it does not already own, the deal is yet to go through and faces stiff scrutiny from the governent and regulators in the UK over the issue media plurality.
  Comcast’s bid of £12.50 a share is 16% higher than Fox’s offer. It is initially l
  
  Read more

• Game sales, Twitter, Netflix: Everything that matters this morning

  26-02-2018 08:42
  Video game sales defy economic gloom
  While many sectors – particularly retail – are suffering slow growth or falling sales in an economy hampered by Brexit uncertainty, video games are bucking the trend. In spite of consumers reining in overall spend as inflation continues to outpace wage growth, game sales hit a record £5bn in 2017, a 12.4% rise from the previous year.
  Online and digital games saw the biggest growth, according to trade body UK Interactive Entertainment (UKIE),
  
  Read more

• Disney, Calvin Klein, Amazon: Everything that matters this morning

  26-02-2018 08:42
  Disney to invest €2bn in its European ‘brand beacon’
  The Walt Disney Company is set to invest €2bn on expanding Disneyland Paris, as it commits to the long-term success of its “brand beacon” in Europe.
  The multiyear development plan was outlined yesterday (27 February) by Robert A Iger, chairman and CEO of The Walt Disney Company alongside French President Emmanuel Macron, and will be rolled out in phases beginning in 2021.
  As part of the transformation, three
  
  Read more

• Arcadia, TfL, Deliveroo: Everything that matters this morning

  26-02-2018 08:42
  Leaked email suggests Arcadia Group boss asked HSBC for buyer
  According to reports the owner of retail empire Arcadia Group, which includes Topshop and Miss Selfridges, is looking for a Chinese buyer to take over one of the company’s weaker businesses.
  Sir Philip Green allegedly discussed the plan with two of HSBC’s most senior bankers over a meal, a leaked email – obtained by The Sunday Times – from February 2016 suggests.
  The move would contradict initial claims by the
  
  Read more

• Helen Tupper: Take charge of your own career development

  26-02-2018 08:30
  Recently, I was advising someone who was frustrated about the lack of investment her company was making in her development. She was unhappy at the limited training they offered and the lack of support they had given her in finding a mentor. Although I could empathise with her frustration about the feeling that her development had stalled, I could not support the assumption that it was her company that was responsible for providing her with the solution.
  However, this is a pretty common perspecti
  
  Read more

• Video consumption in India rises fivefold

  26-02-2018 01:00 via warc.com
  MUMBAI: Online video consumption in India has grown by almost five times in just the past year, with long-form video of more than 20 minutes duration accounting for a full 96% of content, according to viewing activity on Hotstar.The digital and...
  
  Read more

• Video ads on mobile have higher sales impact

  26-02-2018 01:00 via warc.com
  SYDNEY/ADELAIDE: Ads viewed on mobile devices by users of Facebook, YouTube and Broadcaster Video-On-Demand (BVOD) all generate a positive sales impact for brands, according to new research.But the sales impact of BVOD on mobile devices is 33%...
  
  Read more

• P&G's Ariel retains WARC 100 top spot

  26-02-2018 01:00 via warc.com
  GLOBAL: Procter and Gamble’s agenda-setting Dads #ShareTheLoad campaign for the Ariel Matic brand has topped the WARC 100, an annual ranking of the world’s best marketing campaigns and companies according to their business impact. It is...
  
  Read more

• P&G cuts advertising spend by another $400m

  26-02-2018 01:00 via warc.com
  BOCA RATON, FA: Procter & Gamble (P&G) intends to cut its advertising agency and production costs by a further $400m by the end of its fiscal year on June 30, 2021.That is according to David Taylor, the FMCG company’s Chairman and...
  
  Read more

• Manchester Utd unveils its first YouTube channel

  26-02-2018 01:00 via warc.com
  MANCHESTER: Even though Manchester United is the most viewed English Premier League football club on YouTube, clocking up a huge 843m views since the start of the 2017-18 season, it has resisted having an official YouTube channel – until now. ...
  
  Read more

• Airbnb goes upmarket as it expands

  26-02-2018 01:00 via warc.com
  SAN FRANCICSCO: Airbnb, the lettings platform that has spent the past ten years disrupting the traditional hotel and hospitality market, is introducing a range of new features as it seeks to attract one billion annual guests by 2028.The company,...
  
  Read more

Follow @sales_mrktinguk on Twitter!